State Street CEO Francisco Aristeguieta receives $13M in 2019
State Street reports 2019 executive compensation
By ExecPay News
Published: April 8, 2020
State Street reported fiscal year 2019 executive compensation information on April 8, 2020.
In 2019, five executives at State Street received on average a compensation package of $8M, a 15% increase compared to previous year.
Francisco Aristeguieta, Chief Executive Officer, received $13M in total. 71% of Aristeguieta's compensation, or $9.5M, was in stock awards. Aristeguieta also received $2.4M in non-equity incentive plan, $326K in salary, as well as $1.1M in other compensation.
For fiscal year 2019, the median employee pay was $56,610 at State Street. Therefore, the ratio of Francisco Aristeguieta's pay to the median employee pay was 236 to one.
Ronald P. O'hanley, Chief Executive Officer, received a compensation package of $8.7M, which increased by 4% compared to previous year. 57% of the compensation package, or $4.9M, was in stock awards.
Jeffrey N. Carp, Chief Legal Officer, earned $6.5M in 2019.
Andrew J. Erickson, Executive Vice President and Head of Global Services, received $6.2M in 2019, which increases by 18% compared to 2018.
Eric W. Aboaf, Chief Financial Officer, earned $5.4M in 2019, a 28% decrease compared to previous year.
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